Singapore-based digital infrastructure platform Olea Global Pte Ltd (Olea) has secured $100 million in warehouse financing from HSBC and alternative credit manager Manulife | CQS Investment Management, a company of Manulife Investment Management. The facility will provide Olea with additional liquidity to grow its business. According to Olea CEO Amelia Ng, this financing arrangement is… Continue reading Singapore’s Olea Global bags $100m financing from HSBC, Manulife armOlea’s platform directs global liquidity to support trade and supply chain finance…
Author: Deal Street Asia Online News
Carlyle, Warburg among investment firms struggling to find talent in JapanCarlyle wants to add 10 more people to its 25-strong Japan investment team i…
Carlyle, Warburg Pincus and a host of global investment firms plan to beef up headcount in Japan as deals here surge, but the country’s relatively low number of buyouts for much of the past two decades has made it tough to find people with expertise. Carlyle, which has been investing in Japan for more than… Continue reading Carlyle, Warburg among investment firms struggling to find talent in JapanCarlyle wants to add 10 more people to its 25-strong Japan investment team i…
India Digest: Wheelocity raises $15m; TA Associates to buy Vee HealthtekWheelocity raised $15m led by existing investor Lightspeed.
Logistics and supply chain firm Wheelocity on Tuesday said it has raised a $15 million funding round led by existing investor Lightspeed. Separately, US private equity fund, TA Associates, will acquire the Bengaluru- and US-based revenue cycle management (RCM) services provider Vee Healthtek for $250 million, the Economic Times reported. Wheelocity raises $15m Logistics and… Continue reading India Digest: Wheelocity raises $15m; TA Associates to buy Vee HealthtekWheelocity raised $15m led by existing investor Lightspeed.
Indonesian VC firm Intudo raises $125m across two new fundsThese include Intudo Ventures IV which closed at $75m.
Indonesian venture capital (VC) firm Intudo has raised $125 million across two investment funds dedicated to supporting local startups, according to a statement on Tuesday. These include Intudo Ventures IV, LP, which closed at $75 million; and a $50-million fund focused on natural resources and renewable energy investments, bringing the firm’s total assets under management… Continue reading Indonesian VC firm Intudo raises $125m across two new fundsThese include Intudo Ventures IV which closed at $75m.
China’s Zelos nets $100m after getting nod to deploy unmanned vehicles on SG roadsIn February, the startup closed a Meituan-led Series A round at $100…
Meituan-backed Chinese unmanned logistics vehicles developer Zelos Technology has raised another $100 million, less than nine months after the completion of a Meituan-led $100-million Series A round, defying a challenging fundraising environment. CDH Investments’ tech investment platform Bai Fu Wealth Management and Chinese dual-currency venture capital (VC) firm Blue Lake Capital jointly led the transaction.… Continue reading China’s Zelos nets $100m after getting nod to deploy unmanned vehicles on SG roadsIn February, the startup closed a Meituan-led Series A round at $100…
Schroders launches semi-liquid strategy in partnership with Singapore’s ADDXThe strategy is focused on the lower mid-market segment.
UK asset management firm Schroders has partnered Singapore-based private market exchange ADDX to launch a semi-liquid global private equity strategy to tap accredited individual investors. The strategy is focused on the lower mid-market segment, where the market inefficiencies will enable the Schroders Capital private equity investment team to tap a larger opportunity set with attractive… Continue reading Schroders launches semi-liquid strategy in partnership with Singapore’s ADDXThe strategy is focused on the lower mid-market segment.
Unicorn India Ventures ropes in foreign LPs for first time for Fund IIIThe VC firm has so far garnered about Rs 600 crore from LPs.
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Tesla hits $1t market value as Musk-backed Trump win fans optimismThe stock gained 29% last week, adding more than $230 billion in market capitalizati…
Tesla‘s market value closed above the $1 trillion mark in a sharp rally on Friday, on expectations that CEO Elon Musk‘s companies will get favorable treatment under President-elect Donald Trump for his extensive support during the poll campaign. The electric automaker’s shares jumped 8.2% to $321.22, catapulting the company’s valuation above the trillion-dollar mark for the first time in more than two years. The… Continue reading Tesla hits $1t market value as Musk-backed Trump win fans optimismThe stock gained 29% last week, adding more than $230 billion in market capitalizati…
Delivery Hero to list Talabat business on Dubai Stock Exchange in DecemberDelivery Hero bought a majority stake in Talabat in 2015 and said on Sunday …
Talabat, the Middle East business of Delivery Hero, will list on the Dubai Stock Exchange in mid-December, floating 15% of its issued shares, its German parent said on Sunday, in what will be one of the UAE’s biggest IPOs this year. Berlin-based food delivery company Delivery Hero bought a majority stake in Talabat in 2015 and said on Sunday that it would retain a majority stake after the IPO. Dubai-based Talabat plans… Continue reading Delivery Hero to list Talabat business on Dubai Stock Exchange in DecemberDelivery Hero bought a majority stake in Talabat in 2015 and said on Sunday …
Delivery Hero’s Middle East business Talabat to launch $1b Dubai IPO next week: reportThe IPO rides a retail spending boom in the Gulf.
Talabat, the Middle East business of Delivery Hero, plans to launch its Dubai initial public offering next week, three people familiar with the plans told Reuters, in one of the UAE’s biggest IPOs this year. The deal, set by the German parent for the fourth quarter, could start as soon as Monday, two of the… Continue reading Delivery Hero’s Middle East business Talabat to launch $1b Dubai IPO next week: reportThe IPO rides a retail spending boom in the Gulf.